The last has not been heard of in the face-off between BUA, concession is of Terminal B, Port Harcourt Port, and its landlord, the Nigerian Ports Authority.
In a statement, BUA accused the NPA of refusing to approve the planned reconstruction of the terminal berths and quayside, which they said would cost €4.7m. The statement read in part, “BUA had contacted a renowned construction company to effect the needed repairs at the terminal and thereafter paid the sum of €4.7m.
But the approval letters sent to the NPA for work to begin were without reply, thereby making any construction work impossible.” Earlier, the NPA had accused BUA of neglecting to reconstruct the terminal for 10 years, after the initial provision in the lease agreement that the facility must be reconstructed within 90 days of the takeover by BUA.
The NPA said the negligence caused the structure and the surrounding quayside to weaken and become easy for vandals to gain access to the facility.